Revenue from digital entertainment in 2021 was more than three times greater than from theaters, according to the Motion Picture Association. The figure reflects just how much streaming has come to dominate the media landscape.
In 2019, box office accounted for $42.3 billion in sales. With steady business returning to movie theaters in much of the world this year, analysts forecast that the theatrical recovery could reach around 80% of what it typically has. Meanwhile, physical sales have been gradually declining for years. Last year, physical media fell to $6.5 billion, or about half what it was in 2018 and a fraction of their record highs.
Still, the MPA data captured many of the shifts accelerated by the pandemic. In both 2020 and 2021, 179 original films were exclusive to streaming services compared to 113 in 2019. Viewing movies online grew in 2021 by 15% versus a year earlier.USC Annenberg’s Inclusion Initiative
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